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Burma

The United States and Burma engage regularly under the 2013 U.S.-Myanmar Trade and Investment Framework Agreement (TIFA), which created a platform for ongoing dialogue on trade and investment issues between the two governments. Under the TIFA, the two governments work together to identify initiatives that support Burma’s ongoing reform process and related development activities. In November 2016, the United States re-designated Burma as eligible for preferences under the General System of Preference program.

In 2018, Burma GDP was an estimated $68.6 billion (current market exchange rates); real GDP was up by an estimated 2.1%; and the population was 53 million. (Source: IMF)

Burma is currently our 106th largest goods trading partner with $759 million in total (two way) goods trade during 2016. Goods exports totaled $264 million; goods imports totaled $496 million. The U.S. goods trade deficit with Burma was $232 million in 2016.

According to the Department of Commerce, U.S. exports of goods to Burma supported an estimated one thousand jobs in 2015 (latest data available).

Exports

Burma was the United States' 125th largest goods export market in 2018.

U.S. goods exports to Burma in 2018 were $264 million, up 24.7% ($52 million) from 2017 and up 2,350.5% from 2008.